Monster Tent
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February 23, 2013, 09:20:42 AM |
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Hey everybody, Does anyone store their coins in round, hardshell airtites? If so, what is the right size and where did you order them? PM me. Thanks!
Does anyone sell them for btc .....
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BTC4Amazon
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February 24, 2013, 06:36:02 AM |
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Hey everybody, Does anyone store their coins in round, hardshell airtites? If so, what is the right size and where did you order them? PM me. Thanks!
Does anyone sell them for btc ..... I buy them in large quantities I could probably get them to you at 0.02 BTC a pop plus shipping of about .2 Bitcoins inside continental united states.
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Otoh
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February 26, 2013, 05:01:51 PM |
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Bitcoin's increasing value/price is making these too expensive to buy as cheap gifts. I think you may have to come out with a smaller denomination version.
How about some Casascius coins denominated in satoshis, like a 100,000 satoshi coin (0.01 btc ~ 30 cents) good for hand outs/tips etc & most of it's value would be the manufacture costs - for now at least, or even a 1 satoshi coin might be interesting for collectors/the future value etc, it could compete with these.
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jtibble
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March 01, 2013, 06:23:47 AM |
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Hey Mike, just placed my second order of your coins. Thanks again for doing this for the Bitcoin community!
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naypalm
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howdy
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March 05, 2013, 05:13:18 PM |
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Holy crap, active casascius coins are worth just over 2 mill @ $40.05!
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frga13
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March 05, 2013, 09:05:30 PM |
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I would like to buy few coins with CC so I encurage BTC4Amazon to reselling it
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casascius (OP)
Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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March 05, 2013, 11:17:22 PM |
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I am thinking of doing some gold-colored anodized aluminum physical bitcoins for smaller denominations. The back side would be flat.
A few advantages come to mind:
1 - A way to do smaller denominations without making the coins too small. Instead, the coins are notably light and their coloring looks far more artificial... possibly appropriate for a 1.25" diameter coin worth 0.10 or 0.05 BTC. (In my mind, as long as the 1 BITCOIN unit remains iconic and true to the logo, using all kinds of funky stuff for fractional denominations isn't bad.)
2 - I can laser engrave onto the flat side coins so each one can be unique... and I can write software that decides what to put on the coin. QR public key, QR private key, barcodes, messages, expiration, you name it. ANYTHING. (My intent is to sell these coins only in bulk batches, not one at a time)
3 - There becomes a possibility that I can provide hologram-less physical bitcoins in bulk at a very good price. These would be perfect for tipping and gifts. With the laser machine I could mass-engrave a pack of 100 or 500 unique aluminum coins each worth 0.1 or 0.05 BTC and sell them affordably enough for leaving as an extra tip on the table at a restaurant. They would have no security features like my other coins (so they don't have the same utility value), but many times you don't need that utility. It also leaves open the possibility you could also order them with a pre-printed expiration date and "claw back" any unredeemed value after 6-12 months, which might be appropriate if you're giving them away.
4 - Punch a hole in one and put it on your keyring. Now you have a handy bitcoin address wherever you go.
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Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable. I never believe them. If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins. I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion. Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice. Don't keep coins online. Use paper or hardware wallets instead.
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Stephen Gornick
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March 06, 2013, 12:26:05 AM |
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They would have no security features like my other coins (so they don't have the same utility value), but many times you don't need that utility.
So these would be intended for single use? e.g., If I gave it as a tip, the server would either keep it for saving, or redeem it or would send it to a cash-out/exchange service? (i.e., rather than spend it by handing it over to someone else?)
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yucca
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March 06, 2013, 03:27:33 AM |
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Recently took delivery of a Casacius BTC via UK ebay seller.
Very nice coin, great service!
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casascius (OP)
Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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March 06, 2013, 04:01:49 AM |
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They would have no security features like my other coins (so they don't have the same utility value), but many times you don't need that utility.
So these would be intended for single use? e.g., If I gave it as a tip, the server would either keep it for saving, or redeem it or would send it to a cash-out/exchange service? (i.e., rather than spend it by handing it over to someone else?) Yes, if I can do them in a laser machine and not have to put a sticker on them, I can crank out thousands of them in a single morning. I can write software to run the laser... and make it so I lay out 150 coins flat, hit start, and it engraves them all with unique private keys in a single batch over the course of several minutes, as well as issuing a script so I can batch-fund them. If I sell the whole thing as a single pack and don't have to deal with stickering or data-entering each coin, the price can come way down.
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Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable. I never believe them. If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins. I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion. Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice. Don't keep coins online. Use paper or hardware wallets instead.
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SgtSpike
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March 06, 2013, 07:10:59 AM |
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They would have no security features like my other coins (so they don't have the same utility value), but many times you don't need that utility.
So these would be intended for single use? e.g., If I gave it as a tip, the server would either keep it for saving, or redeem it or would send it to a cash-out/exchange service? (i.e., rather than spend it by handing it over to someone else?) Yes, if I can do them in a laser machine and not have to put a sticker on them, I can crank out thousands of them in a single morning. I can write software to run the laser... and make it so I lay out 150 coins flat, hit start, and it engraves them all with unique private keys in a single batch over the course of several minutes, as well as issuing a script so I can batch-fund them. If I sell the whole thing as a single pack and don't have to deal with stickering or data-entering each coin, the price can come way down. That sounds awesome.
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Otoh
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March 06, 2013, 03:09:07 PM |
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Great idea, 0.1 BTC & 0.05 BTC is still approx $5 & $2.50 a $1 & $0.5 = 0.02 BTC & 0.01 BTC would be good for hand outs, kids, etc & allows for some more price inflation
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Bogart
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March 10, 2013, 05:28:56 PM |
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When do you expect the 2013 10 BTC silver coin with the gold electroplating to become available?
(My apologies if the answer is somewhere earlier in the thread. I only went back a few pages.)
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"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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deepceleron
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March 11, 2013, 02:05:37 AM Last edit: March 11, 2013, 02:34:46 AM by deepceleron |
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Yes, if I can do them in a laser machine and not have to put a sticker on them, I can crank out thousands of them in a single morning. I can write software to run the laser... and make it so I lay out 150 coins flat, hit start, and it engraves them all with unique private keys in a single batch over the course of several minutes, as well as issuing a script so I can batch-fund them. If I sell the whole thing as a single pack and don't have to deal with stickering or data-entering each coin, the price can come way down.
This technique could be combined with a laser window hologram to restore some security to a circulating coin (although an xray or other electromagnetic imaging could reveal the privkey (note, even laser toner could fall to the dedicated observer, though)). Laser both the public and private on the blank side, and position the window to reveal the public string. You could roll your own "gift" coin, if you are a betting man. Give them a two year expiration date and recall them yourself, in exchange for selling at face value or barely more. Coins may be fun to give out as gifts or promotions, but you never know if they are being circulated, stored, or found their way to the dust bin. On a previous comment, I don't know that even a 0.1 BTC coin should look cheap, it's worth 4.5 x more than a US dollar coin.
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GreatBug
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March 16, 2013, 07:18:54 AM |
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when are the new coins coming?
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Bogart
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March 16, 2013, 06:56:30 PM |
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Could someone explain to me the different series'? I have seen references to series 1, 2, and 3.
Does that just refer to the coin's date, 2011, 2012 or 2103?
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"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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naypalm
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howdy
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March 19, 2013, 02:59:14 PM |
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Total Active coins now totaling over 3 million @ $56 per BTC!!!
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